The House Oversight and the m subcommittee on Coronavirus Crisis held a hearing on the strategic hear from ockpile to the person in charge of keeping it filled. From estifying, officials the Defense Department and health and Human Services. Good morning. Welcome, everybody. Mr. Clyburn today, our select holding a hybrid hearing where some members will appear in person and others will webex. Remotely via since members are appearing in person, let me first remind veryone that pursuant to the latest guidance from the house attending physician, all ndividuals attending this hearing in person must wear a Face Covering. Remove themw you to s you see me doing in order to speak. I know a bit about how your and then t fogged up you dont see where youre going. Wearing a Face Covering are not permitted to remain in the hearing room and recognized to speak. So when youre not speaking, we you to have the facemask orwell not recognize you. Or we will not recognize you. Make a few reminders about hyb
Good friday morning. Welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New York Stock Exchange record highs across the board as the dow is up 129. Session highs now. Absolutely. Were going to start with apple at fresh highs shares of the tech titan hitting records as three wall street analysts upgrade price targets on the stock mike molson upped his bet on apple from 270 to 290. Dan iefs sees it head for 325, and another raises to 290 from 280. Joining us, dan ives happy friday you too. Quite a run for apple from here, up 38 in the last 12 months, consequently up 30 in the last six months. Those first six months, wasnt doing much, what convinces you, is it mostly the iphone thats got that much more room, 24 or so from here to run . Great question. There are two components to the bull thesis, a lot more fuel in the tank one in terms of iphone 11 and 5g combined, i view it as a super cycle in the next 12 to 18 months we think you have 40
Spplus, a major freeway in the east bay is shut down this morning. Well have details on why and how long that closure is expected to last from ktvu. Fox twounews this is mornings on two. And good morning to you. Welcome to mornings on two. On this saturday march 16th im Claudine Wong and im Christien Kafton. Great to be here this morning having you here i always love working with you guys. This is always a fun time. And you brought good weather with you yesterday was unbelievable. Unbelievable. Rosemary i went to go pick up my son yesterday at baseball and it was like summer weather. We were all saying, we need to have coolers out chairs. I mean, it catches you off guard just a little bit in San Francisco. Nice. Its going to be gorgeous for the Saint Patricks day parade today. We do have the nice weather continuing. Not quite as warm,ubut we lost the wind, which is a good thing. Heres a look over San Francisco as well. Take a look at that beautiful golden sky. We have a just about 12 h
To talk about demand as you said in your report, demand, the pace has weakened in july and august. In september we saw the impact of the hurricanes. Was it off a oneoff effect . Is this something to worry about longer term . I think the focus should shift to the fact that in the Second Quarter of this year we had exceptionally Strong Demand growth year on year. That was partly due to the fact that the year before demand was relatively weak. What we need to say is over the year as a whole in 2017, despite the quarterly variations you mentioned, demand growth is robust it will be 1. 6 Million Barrels a day in 2017 versus 2016, which is strong. In the report weve reconfirmed our forecast for 2018 where we see demand going up again by 1. 4 Million Barrels a day. In 17 and 18 we have good demand growth, spread fairly evenly around the world. Just two days ago we heard saudi arabia was cutting its exports. Thats in part because of some refinery maintenance happening in china ahead of the Peo
And fewer deaths. Its ok to ask for it. Weve got to make sure they know where to get it. President obama theres a good chance we know someone who has or who is. P obama and i just had a powerful conversation about opioid abuse. You can catch it on mtv. Call 1800662help. President obama thanks, everybody. And thanks macklemore. Im dan sullivan and im proud to represent the great state of alaska. Today i want to talk to you about the economy. One of the most kit cal issue facing our country and about the lost decade of Economic Growth under the obama administration. A few weeks ago it was announced that americas Gross Domestic Product grew at only one half of 1 during First Quarter of 2016. Gross domestic product san important indicator about the health of our economy. It measures progress, the absence of the American Dream. 5 g. D. P. Growth is a reminder of what we already know. Our economy is stagnant. The American Dream has mca mirage of dreams for the average american family. The an